Innovative Collaborations and Approvals Drive Growth in Global Breast Cancer Therapeutics Market

Vantage Market Research

Jun 20, 2024

Intensity Therapeutics Collaborates with SAKK on Phase 2 Trial

Intensity Therapeutics Inc., a late-stage clinical biotechnology company, has entered into a collaboration agreement with The Swiss Group for Clinical Cancer Research (SAKK) to conduct a Phase 2 randomized trial. The trial, named INVINCIBLE-4, will evaluate the clinical and biological effects of intratumoral INT230-6 followed by standard of care (SOC) immuno/chemotherapy versus SOC alone in early-stage triple-negative breast cancer (TNBC). This study will involve 54 patients in Switzerland and selected European countries. SAKK will act as the legal sponsor, while Intensity will fund the study and provide the investigational drug product.

Greenwich Life Sciences Expands Flamingo-01 Trial to Europe

Greenwich Life Sciences Inc., a clinical-stage biopharmaceutical company, has received approval to expand its Phase III clinical trial, Flamingo-01, into Europe. This trial evaluates GLSI-100, an immunotherapy aimed at preventing breast cancer recurrences. With formal approvals from Spain, France, Germany, Italy, and Poland, the company will activate 105 new clinical sites. The expansion highlights the growing collaboration within European academic networks, enhancing the trial's reach and potential impact on breast cancer treatment.

Gland Pharma Receives USFDA Approval for Eribulin Mesylate Injection

Gland Pharma has announced that it received approval from the United States Food and Drug Administration (USFDA) for its Eribulin Mesylate Injection, used to treat metastatic breast cancer. This approval marks the first generic entry of this product into the market. The 0.5 mg/ml single-dose vial is expected to launch soon through Gland Pharma's marketing partner. According to IQVIA, sales for this injection reached approximately USD 92 million as of February 2024, reflecting significant market demand.

Market Growth and Opportunities

The Global Breast Cancer Therapeutics Market is projected to reach USD 55.18 billion by 2032, growing at an impressive CAGR of 8.12%, according to Vantage Market Research. Several factors drive this growth, including continuous research efforts, advancements in targeted therapies and immunotherapies, and the global rise in breast cancer cases. Aging populations, lifestyle changes, and genetic factors further boost market expansion.

Breast Cancer Therapeutics Market Size, Share & Trends Analysis Report by Therapy (Targeted Therapy, Hormonal Therapy, Chemotherapy, Immunotherapy) by Cancer Type (Hormone Receptors, HER2+) by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, Other Distribution Channels) by Region (North America, Europe, Asia Pacific, Latin America, Middle-East & Africa) - Global Industry Assessment (2018 - 2023) & Forecast (2024 - 2032)